Result of AGM

Mercantile Investment Trust(The)PLC

21 May 2026

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

THE MERCANTILE INVESTMENT TRUST PLC

RESULT OF POLL AT ANNUAL GENERAL MEETING

Legal Entity Identifier: 549300BGX3CJIHLP2H42

Information disclosed in accordance with UKLR 6.4.13

Following the Annual General Meeting of the Company, which was held today, the Board is pleased to announce that all of the Ordinary Resolutions put to shareholders were voted on by poll and passed. In addition, the following items of special business were voted on by poll and passed which:

i)          allow the Directors of the Company to exercise all powers of the Company to allot shares in the Company up to an aggregate nominal amount of £1,653,820 representing approximately 10% of the Company's issued ordinary share capital as at 9th April 2026;

ii)         allow the disapplication of pre-emption rights on the allotment of new ordinary shares up to an aggregate nominal amount of £1,653,820;

iii)        allow the Company to make market purchases of up 14.99% of the Company's issued share capital;

iv)        approved the Company's dividend policy to continue to pay four quarterly interim dividends; and

v)         allow the Company to hold a general meeting, other than an Annual General Meeting, on not less than 14 clear days' notice.

vi)        allow, the Company to increase the Directors' aggregate annual remuneration cap contained  in Article 87(1) of the Articles of Association from £400,000 to £450,000.

The full results of the poll conducted at today's meeting are detailed below and will shortly be available on the Company's website, www.mercantileit.co.uk

	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
1	345,622,661	99.97%	93,303	0.03%	345,715,964	53.52%	136,355
2	343,300,071	99.76%	822,118	0.24%	344,122,189	53.27%	1,730,130
3	343,267,976	99.76%	809,941	0.24%	344,077,917	53.26%	1,774,402
4	343,828,065	99.88%	404,165	0.12%	344,232,230	53.29%	1,620,089
5	343,583,457	99.81%	648,773	0.19%	344,232,230	53.29%	1,620,089
6	343,728,213	99.85%	532,637	0.15%	344,260,850	53.29%	1,591,469
7	343,807,584	99.87%	455,276	0.13%	344,262,860	53.29%	1,589,459
8	343,892,643	99.89%	370,217	0.11%	344,262,860	53.29%	1,589,459
9	345,327,929	99.90%	334,277	0.10%	345,662,206	53.51%	190,113
10	343,968,387	99.49%	1,750,896	0.51%	345,719,283	53.52%	133,036
11	343,539,437	99.78%	754,455	0.22%	344,293,892	53.30%	1,558,427
12	343,970,841	99.88%	412,025	0.12%	344,382,866	53.31%	1,469,453
13	345,622,918	99.97%	119,086	0.03%	345,742,004	53.52%	110,315
14	344,960,883	99.77%	810,532	0.23%	345,771,415	53.53%	80,904
15	342,529,271	99.17%	2,865,523	0.83%	345,394,794	53.47%	457,525

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and from the Company's website, www.mercantileit.co.uk

21st May 2026

For further information, please contact:

Sachu Saji

For and on behalf of

JPMorgan Funds Limited, Company Secretary

Telephone [phone] (or [phone] )

 

END